Not so Golden Handcuffs: The Problem with Stock Options
August 17, 2022
Hosted by Carliss Chatman
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Episode Description
Stock options are considered a perk of working for corporations, especially startups that achieve "unicorn" status. Employees often take lower compensation in the short term for the potential of one day receiving shares in the next Google or Amazon. But, often, it is difficult for employees to assess the true value of these stock options, and the shareholders' rights plans signed by employees typically require them to waive inspection rights as a condition of receiving the compensation. In this episode, Anat Alon-Beck and John Livingstone will join us to discuss Professor Alon-Beck's groundbreaking article, Bargaining Inequality: Employee Golden Handcuffs and Asymmetric Information, which is forthcoming in the Maryland Law Review (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4037705&download=yes).
Getting Common
Wednesday at 8 AM Pacific Time on VoiceAmerica Empowerment Channel
Getting Common with Professor Carliss Chatman provides a refreshing common sense approach to business, law, women's rights, racial justice, and entrepreneurship. Featuring experts in law, business and entrepreneurship, politics and government, and education, Getting Common educates while exposing you to a fresh and new perspective. Listen live every Wednesday at 8 AM Pacific Time on the VoiceAmerica Empowerment Channel.
Carliss Chatman
Carliss Chatman is an Associate Professor specializing in corporate and commercial law. Her eleven years of legal practice before entering the academy lends a common sense approach to her teaching and scholarship. She specializes in bringing practical experience to all of her classes, making complex legal concepts within reach for students of all backgrounds. Through service on the Advisory Board of Compliance.ai, she has worked on the cutting edge of legal regulatory technology, helping to train the machine learning platform to anticipate the research needs of those in the compliance and regulatory legal space. Her experience in leadership of non-profit boards and over two decades of social activism has allowed Professor Chatman to develop expertise on matters involving race, women's rights, and educational access. Her scholarship, teaching and service have been celebrated and awarded by her faculty and peers. She is the 2021 Recipient of Derrick A. Bell, Jr. Award, presented by the Association of American Law Schools Section on Minority Groups, the 2020 Recipient Jessine A. Monaghan Fellowship, an award for experiential education, given in recognition of contributions to the transactional component of the Law School’s experiential program and the 2020 Recipient Lewis Prize for Excellence in Legal Scholarship.
